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...And I started full time in the middle of 2008 just before the Lehman crisis. Rates collapsed to zero very quickly. Nobody had predicted that....
...“We were flying back from New York having done just four previews of The Lehman Trilogy,” says theatre producer Caro Newling. “I never thought it would be a year. Who thought it would be a year?”...
...In 1998, the building was sold by Woolworths’ successor business, Venator, to Witkoff Group and Lehman Brothers for $155m....
...Jonathan Franzen, Rachel Cusk and Donna Tartt are in their fifties. Junot Diaz is on the cusp of his. In politics and business, people of their age are being displaced by millennials....
...Under Mr Blankfein’s stewardship, Goldman weathered the financial crisis, even as Lehman Brothers, Bear Stearns and Merrill Lynch failed or were swallowed by larger rivals....
...But Mr Blankfein — whose departure was announced on Tuesday — will be measured not just against the market but also against the leaders of Lehman Brothers, Bear Stearns, and Merrill Lynch — peers and competitors...
...The estate is a first for the gallery, but co-founder Rachel Lehman says it’s not a case of looking beyond the living artists they work with, more that Bucher fits well with their existing programme....
...My Lehman colleagues streamed out of our Canary Wharf offices with all of their belongings inside cardboard boxes....
...“If they hadn’t made some of the really unprecedented changes they’ve made, the rating would likely have been lowered,” says Rachel Cortez, an analyst at Moody’s....
...By comparison, when Lehman Brothers collapsed in 2008 it was trading at about 20 per cent of its tangible equity....
...Additional reporting by Rachel Sanderson in Milan and Ben McLannahan in New York...
...It is delivered tonight by Rachel Griffith and can be watched live....
...Additional reporting by Rachel Sanderson in Milan...
...Six years after the collapse of Lehman Brothers, the currency area’s economy remains smaller than it was at its pre-crisis peak. Its recovery has ground to a halt....
...It marks the highest funding ratio for US DB schemes since the collapse of Lehman Brothers in October 2008. The improvement has mainly been driven by a rise in market interest rates....
...Their challenge will be to chart a course that reconciles the need to keep the investment bank intact, particularly the former Lehman Brothers franchise acquired in 2008, while at the same time overhauling...
...Unlike after the collapse of Lehman Brothers, the problems are homegrown....
...Many luxury goods owners turned against the wholesale model in the weeks after the collapse of Lehman Brothers in 2008 when department stores and third-party sellers slashed the prices of their goods amid...
...Rachel McMinn of BofA Merrill Lynch Global research Rachel McMinn has been a biotech analyst at BofA-ML since 2009, at Cowen from 2007-2009, and Piper Jaffray from 2001-2007....
...“In general, higher spending needs have tempered foreign investment,” says Rachel Ziemba, a London-based director at Roubini Global Economics....
...Banks were this week paying 63 basis points over three-month US interbank market rates, the bank said, up from about 30bp last month – though this is still far below the 200bp-plus peak reached following Lehman...
...Additional reporting by Rachel Sanderson, James Wilson and Victor Mallet...
...After the collapse of Lehman Brothers, the US investment bank, the boom times in Russia came to an abrupt halt, with many companies halving in value as stocks plummeted....
...He was early to spot the capital deficiencies in Britain’s banks, and the BoE, unlike the FSA, had a plan for a mass recapitalisation ready once the Lehman Brothers collapse brought the UK banking system...
...For now, Yandex has no concrete plans to go public having postponed a much-anticipated IPO in autumn 2008, in the weeks before Lehman collapsed. The company had hoped to raise over $1bn....
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